EdfaPay Secures $5M in Pre-Series A Funding to Expand Digital Payments Solutions Across MENA

EdfaPay, a Riyadh-based fintech platform, has successfully closed a $5 million pre-Series A funding round. The investment will support its expansion across the MENA region and Pakistan, enhancing its digital payment solutions for SMEs. The platform’s SoftPOS technology and payment gateway services continue to attract regional and global partners.

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ACES and Radisys Partner to Drive 5G ORAN and Small Cell Solutions in Saudi Arabia under Vision 2030

ACES and Radisys have partnered to co-develop 5G ORAN and small cell technology under Saudi Vision 2030. Their collaboration will drive innovation in telecom infrastructure, providing scalable 5G solutions. With a dedicated lab for testing and trials, the partnership aims to enhance connectivity and offer cutting-edge telecom capabilities.

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Ooredoo Fintech and PayPal Forge Strategic Partnership to Enhance Global Commerce for Qatar Users

Ooredoo Fintech and PayPal have partnered to enable seamless transfers between Ooredoo Money wallets and PayPal accounts in Qatar. This collaboration enhances access to global markets for consumers and small businesses, offering new opportunities for cross-border commerce and digital payments, with plans for expansion across the Gulf and MENA regions.

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PlatX Signs MOU with e& Egypt to Enhance Business Communications with AI Solutions

PlatX has signed an MOU with e& Egypt to integrate its AI-driven communication solutions into the e& Marketplace. This collaboration will bring cutting-edge technology, such as omni-channel platforms and AI tools, to revolutionize business communications in Egypt. The partnership also includes joint marketing and public relations initiatives.

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Zong 4G Unveils Pakistan’s First Locally Developed Large Language Model (LLM) to Revolutionize Digital Interactions

Zong 4G has developed Pakistan’s first locally created Large Language Model (LLM), revolutionizing customer service with AI-driven solutions tailored for local users. This pioneering model enhances digital interactions, offering fast, personalized service. It marks a key step in Zong’s mission to lead digital transformation in Pakistan’s telecom sector.

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STZA and Telenor Pakistan Partner to Drive Innovation and Youth Empowerment in Pakistan’s Technology Sector

The Special Technology Zones Authority (STZA) and Telenor Pakistan have signed an MoU to drive innovation, digital inclusion, and youth empowerment across Pakistan. The partnership will support local tech companies, promote emerging technologies, and offer youth development initiatives such as hackathons, strengthening Pakistan’s position in the global digital landscape.

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